2013-11-15T12:33:18-08:00 2013-03-31 RILEY & ASSOCIATES PC 5 PERRY WAY - P O BOX 157 NEWBURYPORT MA 01950 990 2012-04-01 042173056 HISTORICAL SOCIETY OF OLD NEWBURY HIST 9784622681 98 HIGH STREET NEWBURYPORT MA 019503053 LES FERLAZZO 9784622681 2013-11-15 true PETER JASON RILEY CPA 9784639350 2012 2015-11-30 17:44:51Z CHRISTOPHER ARMSTRONG 98 HIGH STREET NEWBURYPORT MA 01950 451356 false X www.newburyhist.org X 1877 MA See Schedule O 27 27 4 160 0 61128 75423 13502 22464 18409 57852 20546 17556 113585 173295 0 0 98480 99174 0 25449 104276 114915 202756 214089 -89171 -40794 1625693 1654689 2120 2182 1623573 1652507 See Schedule O false false 152694 22464 THE PRESERVATION AND EXHIBITION OF HISTORIC BUILDINGS, ARTWORK, ARTIFACTS, DOCUMENTS, FURNITURE AND PHOTOGRAPHS RELEVANT TO THE AREA THROUGH OPERATION OF THE CUSHING HOUSE MUSEUM. THIS IS ACCOMPLISHED THROUGH LECTURES, EXHIBITS, EDUCATIONAL PROGRAMS, SCHOOL TOURS, PUBLICATIONS, A RESEARCH LIBRARY, AND THROUGH COOPERATION WITH ORGANIZATIONS INTERESTED IN LOCAL HISTORY. 152694 true true false false false false false true false false true true false false false true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 4 0 4 true false false false false false false false false false false X 27 27 false false false false false false false true true false false true true true true true true false false false MA X X THE ORGANIZATION 9784639350 98 HIGH STREET NEWBURYPORT MA 01950 X CHRISTOPHER ARMSTRONG 5.00 X X 0 0 0 DAVE MACK 5.00 X X 0 0 0 MARGIE GILLIS 5.00 X X 0 0 0 MARK MOQUIN 5.00 X X 0 0 0 LILLIAN NEWBERT 5.00 X X 0 0 0 KATHLEEN MALYNN 1.00 X X 0 0 0 LES FERLAZZO 5.00 X X 0 0 0 AL CLIFFORD 1.00 X 0 0 0 CLIFF BONNEY 1.00 X 0 0 0 DEBORAH BREEN 1.00 X 0 0 0 MARTHA BOWER 1.00 X 0 0 0 SALLY CHANDLER 1.00 X 0 0 0 CATHERINE CRAGIN 1.00 X 0 0 0 MARGARET MCCLURE 1.00 X 0 0 0 BRUCE MCCOY 1 X MARIE VANDER SANDE 1 X DICK JOHNSON 1 X AUDREY LADD 1 X IAN LUCY 1 X LOIS WALKER 1 X JANE WILD 1 X RUTH YESAIR 1 X KATIE HARIED 1 X MARY HASLINGER 1 X CRAIG HOLT 1 X 0 false false false 12850 62573 75423 Program Fees 900099 18776 Publication Income 900099 1338 Museum Activity 900099 2350 22464 34397 34397 299285 275830 23455 23455 23455 19787 2231 17556 17556 173295 22464 75408 0 0 0 0 0 0 78115 58588 3906 15621 14811 11108 741 2962 6248 4686 312 1250 7851 0 7851 0 14074 0 14074 0 496 496 0 0 11689 5554 1741 4394 100 100 0 0 1000 0 1000 0 15117 13605 1512 0 Collections/Preservation & Acquisition 16220 16220 0 0 Collections/Buildings & Improvements 14130 14130 0 0 Buildings and Grounds 6936 6936 0 0 Museum Activities 5103 5103 0 0 22199 16168 4809 1222 214089 152694 35946 25449 250 250 19349 36706 40000 30000 307 307 1591 1591 149065 7565 142500 141500 1421696 1444335 1625693 1654689 2120 2182 2120 2182 X 1290231 1314820 192459 196804 140883 140883 1623573 1652507 1625693 1654689 X -40794 47099 22629 X false true X true false X 0 0 0 286885 95777 48926 61128 95423 588139 17220 15312 23115 13502 22464 91613 304105 111089 72041 74630 117887 679752 679752 39210 50517 48229 39612 34397 211965 39210 50517 48229 39612 34397 211965 50586 44070 17352 20546 17556 150110 1041827 0.65250 0.70900 0.20350 0.16070 X OTHER INCOME PART III, LINE 12; 2008: 50586.; 2009: 44070.; 2010: 17352.; 2011: 20546.; 2012: 17556.; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 140000 140000 9065 7565 1500 141500 End-of-Year Market Value 1444335 F 1444335 X 245254 47099 2231 49330 195924 2632 2632 198556 216520 2231 2231 214289 214289 Pt III Line 1a THE SOCIETYS COLLECTION CONSISTS OF HISTORIC BUILDINGS, WORKS OF ART HISTORICAL ARTIFACTS AND FURNITURE. THE COLLECTIONS ARE MAINTAINED FOR PUBLIC EXHIBITION, EDUCATION AND RESEARCH IN FURTHERANCE OF PUBLIC SERVICE, RATHER THAN FOR FINANCIAL GAIN. IN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY MUSEUMS, THE VALUE OF THE SOCIETYS COLLECTION HAS BEEN EXCLUDED FROM THE STATEMENT OF FINANCIAL POSITION, AND GIFTS OF ART OBJECTS EXCLUDED FROM REVENUE IN THE STATEMENT OF ACTIVITIES. PURCHASES OF COLLECTIONS AND ART OBJECTS ARE RECORDED AS DECREASES IN NET A IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM THE SALE OF COLLECTION ITEMS DEACCESSIONS)ARE RECORDED AS TEMPORARILY RESTRICTED NET ASSETS FOR THE ACQUISITION OF OTHER COLLECTION ITEMS. IT WAS VOTED AND ADOPTED BY THE BOARD OF DIRECTORS TO ACCESSION BUILDINGS AND STRUCTURES PREVIOUSLY REPORTED ON THE STATEMENT OF FINANCIAL POSITION AS FIXED ASSETS TO THE COLLECTION OF THE HISTORICAL SOCIETY OF OLD NEWBURY. Pt III Line 4 THE HISTORICAL SOCIETY OF OLD NEWBURYS COLLECTION INCLUDES THE HISTORIC BUILDINGS AND STUCTURES: THE CUSHING HOUSE, PRIVY BUILDING, CARRIAGE HOUSE, PERKINS PRINTING AND ENGRAVING PLANT, THE GARDEN HOUSE AND THE GOTHIC GARDEN BENCH. THE SOCIETYS COLLECTION CONSISTS OF HISTORIC BUILDINGS, WORKS OF ART, HISTORICAL ARTIFACTS AND FURNITURE. THE COLLECTIONS ARE MAINTAINED FOR PUBLIC EXHIBITION, EDUCATION & RESEARCH IN FURTHERANCE OF PUBLIC SERVICE, RATHER THAN FOR FINANCIAL GAIN. Pt X Line 2 THE SOCIETY HAS ADOPTED FASB ASC 740 (FORMERLY KNOWNAS FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES), WITH NO CUMULATIVE EFFECT ADJUSTMENT. THE SOCIETY EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY GAAP IN THE UNITED STATES. AS OF MARCH 31, 2013, THE SOCIETY DOES NOT BELIEVE THAT IT HAS TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT TWELVE MONTHS. Pt XI Line 2d Financial statement differances Pt XII Line 2d Organization has a treasurer and an audit committee that oversees THE AUDIT DIRECT FUNDRAISING EXPENSES IN THE AMOUNT OF $2,231 WAS DEDUCTED FROM GROSS FUNDRAISING INCOME ON THE STATEMENT OF REVENUE IN PART VIII ON THE FORM 990. THIS AMOUNT IS NOT INCLUDED IN GROSS INCOME ON THE AUDITED FINANCIAL STATEMENTS. THIS AMOUNT IS INCLUDED IN EXPENSES Garden Tour 19787 19787 2231 19787 19787 2231 2231 17556 Pt VI, Line 11b A COPY OF THE FORM 990 WAS PROVIDED TO THE OFFICERS AND BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING. Pt VI, Line 12c THIS IS ACHIEVED THROUGH SELF-REPORTING BY BOARD MEMBERS and officers. Pt VI, Line 19 THE SOCIETY MAKES ITS GOVERNING DOCUMENTS,POLICIES & FINANCIAL STATEMENTS AVAILABLE to the public upon request. The financial statements and Form 990 are also available ON THE GUIDESTAR WEBSITE. IN ADDITION, THE MASSACHUSETTS FORM PC IS AVAILABLE FOR PUBLIC VIEWING ON THE SECRETARY OF STATE WEBSITE. Pt XI Changes in Net Assets: Net unrealized gains on investments: $47,099 Form 990, Part I, Line 1 Organization Mission: The Historical Society of Old Newbury preserves AND INTERPRETS THE HISTORY OF OLD NEWBURY WHICH INCLUDES NEWBURY, NEWBURYPORT AND WEST NEWBURY FROM PRE-COLUMBIAN TIMES UNTIL THE PRESENT. THE SOCIETY carries out its mission in part through the ownership and operation of the Cushing House Museum, the Perkins Printing & Engraving Plant, and other historic structures on the Cushing House grounds. The Society furthers its purpose through lectures, exhibits, educational programs, school tours, publications, a research library and through cooperation WITH AREA GROUPS INTERESTED IN LOCAL HISTORY. THE HISTORICAL SOCIETY OF OLD NEWBURY SEEKS TO SHARE HISTORICAL INFORMATION TO BROADEN KNOWLEDGE AND APPRECIATION OF THE PAST, ADDRESS HISTORIC PRESERVATION IN THE PRESENT, AND PROVIDE A FOUNDATION FOR THE FUTURE.